The UK’s International Trade Secretary Dr Liam Fox MP has appointed Simon Penney as Her Majesty’s Trade Commissioner (HMTC) for the Middle East.
The announcement was confirmed by Dr Fox on a visit to Bahrain and the United Arab Emirates (UAE), where he met government and industry representatives to boost trade and promote more than 68 UK projects worth £30 billion to investors.
Simon joins the Department for International Trade (DIT) following a career spent working in the Middle East and Africa, most recently as Head of Wholesale and International Banking at First Gulf Bank. Prior to that he was Middle East & Africa Chief Executive Officer at RBS.
International Trade Secretary Dr Liam Fox MP said: “The addition of Simon to the team is a statement of intent for our Middle East trade ambitions, and another example of the department attracting the very best people from across both private and public life. The knowledge, contacts and business nous he brings will be a boost to all firms looking to do business in the region.
As the UK develops its first independent trade policy in more than 40 years, the opportunity for British firms to trade with markets like the Middle East has never been greater.”
DIT Permanent Secretary Antonia Romeo said: “I am delighted to welcome Simon to the Department’s top team in what is another significant appointment transforming our trade and investment business overseas.
Simon has deep links with industry in the region and a proven track record in leadership, and is well-placed to lead a strong and informed service to UK businesses in-market, as well as to Middle Eastern investors looking to invest in the UK.”
On joining the Department, the new HM Trade Commissioner for the Middle East, Simon Penney, said: “Having spent a significant part of my career working in the Middle East, I understand the great opportunities the markets present to British business. There is vast appetite for British goods and services in the region and huge numbers of Middle Eastern investors looking to invest in the UK.
The UK’s trade relationship with the region is already strong, but its true potential has not yet been tapped. I look forward to getting back on the ground and making the case for UK PLC.”
The appointment makes Simon the sixth HM Trade Commissioner to be announced by the Department and follows the appointment of Trade Commissioners for North America, China, Eastern Europe and Central Asia Network, Latin America and South Asia.
Simon will start in the role this summer.